https://www.taxtmi.com/caselaws?id=214061 The court directed the petitioner, a Government undertaking, to make significant payments towards the tax demand while allowing breathing time. The freezing of bank accounts was to be lifted upon depositing a specified amount by a certain date, with subsequent monthly payments required. Failure to comply would result in reinstatement of freezing measures, with the revenue retaining the right to initiate further legal actions if conditions were violated. The judgment emphasized expeditiously resolving the pending appeal before the Tribunal, balancing financial obligations with the need to maintain essential public services. en-us Thu, 29 Mar 2012 00:00:00 +0530 Mon, 18 Jun 2012 16:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214061 The court directed the petitioner, a Government undertaking, to make significant payments towards the tax demand while allowing breathing time. The freezing of bank accounts was to be lifted upon depositing a specified amount by a certain date, with subsequent monthly payments required. Failure to comply would result in reinstatement of freezing measures, with the revenue retaining the right to initiate further legal actions if conditions were violated. The judgment emphasized expeditiously resolving the pending appeal before the Tribunal, balancing financial obligations with the need to maintain essential public services. Case-Laws Income Tax Thu, 29 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214061